Lloyds 4Q pretax profit rise missed market views on high fraud-related costs
February 24, 2022 at 03:08 AM EST
Lloyds Banking Group PLC on Thursday reported a rise in pretax profit for the fourth quarter of 2021 that fell short of market views as it booked high fraud-related costs, and said it intends to launch a share buyback program of up to 2 billion pounds ($2.71 billion).